Stock market recap, April 29 -- Indian equities kicked off the week on a strong note on Monday, 28 April, buoyed by broad-based buying across sectors. Benchmark indices-the Sensex and Nifty 50-snapped a two-day losing streak to end over 1% higher each.
The Sensex surged 1,006 points, or 1.27%, to close at 80,218.37, while the Nifty 50 advanced 289 points, or 1.20%, to settle at 24,328.50.
Hindustan Aeronautics Ltd (current price: Rs.4426)
Why it's recommended: The stock has given a triangle breakout on the hourly time frame. Also, there was a volume spike on Monday. Once the stock crosses the Rs.4,444 level, we might see a good rally.
Key metrics: Breakout level: Rs.4,444, Chart pattern: Triangle breakout with volume spike, Time frame...
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